World’s biggest battery maker prepares $5 billion listing in HongKong
Chinese CATL remains by far the dominant player in the world in delivering battery cells for EVs with a 37.9% market share that increases YoY /CATL
China and, by extension, the world's largest battery maker, CATL, is lodging its filings with regulators to go public on the Hong Kong Stock Exchange, Reuters says. The company aims to raise some 5 billion dollars (€4.82 billion). It will be CATL's secondary listing, as it has been on the Shenzhen
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